Crawford Project Reaches Historic Native Title Milestone

• Native Title Agreement signed with the Wangkatja Tjungula Aboriginal Corporation
• Agreement symbolises a key step in progressing the Crawford Gold Project towards production
• Agreement provides a clear framework for Project development on Nyalpa Pirniku Country

Cavalier Resources Ltd (Cavalier or the Company) is pleased to announce that it has signed a Native Title and Mining Agreement (Agreement) with the Wangkatja Tjungula Aboriginal Corporation RNTBC (ICN 9951) (WTAC) for the development of the Crawford Gold Project (Project). The Nyalpa Pirniku People are the common law native title holders recognised to hold native title rights and interests on part of the land on which the Project is located. The jointly developed Agreement was guided by the WTAC negotiation team, before being authorised by the Nyalpa Pirniku native title holders at a community meeting in Kalgoorlie. The Agreement will strengthen cooperation between Cavalier and WTAC, deliver benefits for the Nyalpa Pirniku People and provide Cavalier with a clear framework for Project development on Nyalpa Pirniku Country. The execution of the Agreement symbolises a key step in progressing the Project by removing any objections to associated lease applications, providing consent for approvals required for development and providing for cultural heritage and environmental protections. The Agreement is on commercial terms typical of gold mining projects in Western Australia and provides for upfront and ongoing payments as well as annual production-based royalty payments upon commencement of mining operations at the Project.